16 Ridley Street, Albion VIC 3020

Property Details: • Type: Block of Units

• Bedrooms: 30 • Bathrooms: 20

Description: An extraordinary chance to secure a substantial freehold holding with limitless potential, this former 31-bedroom rooming house is being offered to the market by auction only stripped back to its quality bones and ready for its next chapter. Set on an expansive 1,170sqm (approx.) allotment, the building has been cleared internally, providing a blank canvas for developers, builders, and visionaries to reimagine, redesign and revitalise (STCA). Whether you're considering reinstating rooming accommodation, creating a boutique residential development, exploring supported accommodation, or transforming the site entirely, the foundations are here for something truly special. With its solid underlying structure and significant land component, this is a rare opportunity to capitalise on the scale, flexibility and future growth potential of such a substantial property. Key Highlights: *Former 31-bedroom rooming house *26 Bathrooms and 26 Toilets *4 Kitchens and 2 Laundry's *Generous 1,170sqm (approx.) landholding *Stripped back internally ready for renovation or redevelopment *Exceptional scope for value-add (STCA) *To be sold via Auction only - purchaser must attend on site auction. Opportunities of this size and versatility are seldom offered. Bring your vision, your architect and your ambition and unlock the full potential of this remarkable property.